The Broussard Economic Development wants to bring awareness to Broussard area business owners a new program available in the wake of COVID-19.
In response to economic hardships experienced by small businesses resulting from the COVID-19 pandemic, Lafayette Consolidated Government (LCG) and Lafayette Economic Development Authority (LEDA) have launched the Lafayette Business Recovery Program to stabilize local businesses and retain/create jobs.
Businesses may apply for a forgivable loan or grant of up to $10,000 to assist with up to three months of unpaid costs associated with qualifying business expenses incurred not prior to March 27, 2020—including but not limited to rent, payroll, insurance, benefits, and utilities.
For your business to be considered in the first round of funding for the Lafayette Business Recovery Program, all application materials must be submitted by 11:59 p.m. on Sunday, July 26. If you have already submitted the required information, you should have received an email indicating no further action was required at the time of submission.
The Business Recovery Selection Committee will review all complete applications submitted before the deadline and make award decisions. Applicants will be contacted with further instructions.
Applications submitted after the initial deadline will be considered for future rounds as funding is available.
Do you have questions about the application or the program?
Assistance with the application process is available by calling LCG 311 option 2 or (337) 769-4090. Calls are answered Monday through Friday, 10 a.m. to 2 p.m. Messages received before or after hours will be returned.
You can apply here